Xalles Holdings (OTC:XALL) said it had appointed André Mouton as executive vice president of international business development at CashXAI Inc, a portfolio company operating within the global financial services industry.
Bringing over two decades of experience in global business expansion, healthcare management, and strategic planning to his new role, Mouton is set to drive CashX's expansion into the lucrative markets of Africa and Asia.
CashXAI provides a platform for the underbanked to access financial services without traditional bank accounts or credit history. Users can convert cash into digital currency and conduct various transactions, including bill payments, online shopping, money transfers, and cryptocurrency purchases via the CashXAI mobile app.
The platform's network of retailers ensures accessibility in local neighborhoods, offering immediate access to funds without waiting periods or background checks.
Mouton's accomplishments include doubling market share and revenues for companies venturing into Southeast Asia and Africa, along with designing pivotal healthcare programs in Singapore.
Xalles said that Stephen Combe, CEO of CashX, has praised Mouton's strategic acumen and track record, expressing confidence in his ability to lead CashX's expansion efforts.
Mouton, in turn, expressed enthusiasm for his new role, emphasizing his dedication to leveraging his expertise to enhance CashX's presence in Africa and Asia, ultimately delivering value to stakeholders.